
Nvidia Rival Groq Set To Double Valuation To $2.5B With BlackRock-Led Funding Round: Report - Microsoft ( NASDAQ:MSFT ) , Intel ( NASDAQ:INTC )
Jonathan Ross, the CEO and founder of Groq, a company that specializes in chips for AI and is a rival of Nvidia Corp. NVDA, is on the brink of doubling his company's valuation to $2.5 billion with a new funding round led by BlackRock Inc.
